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Home / Companies / Tenaris SA / 6 May 2025

Meeting · year to 30 June 2025143 filers reporting

Tenaris SA: meeting of 6 May 2025

Votes reported on Form N-PX, item by item

143 Form N-PX filers reported votes at the Tenaris SA meeting of 6 May 2025. Their records fall into 7 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.

foragainstabstain, withhold or otheramber tick: the portion cast against management

Items

1

DIRECTOR ELECTIONSIssuer

Director elections

1 nominee; 22.5% of reported votes for; 99 filers withheld from or voted against at least one nominee.

260 vote records from 123 filers. 86 of the 113 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.

12.2% for72.4% against15.4% other76.1% against management123 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

95 vote records from 38 filers. 29 of the 33 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.

7.9% for76.3% against15.8% other87.9% against management38 filers1.4% for93.8% against4.8% other98.4% against management22,506,456 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

231 vote records from 122 filers. 0 of the 112 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.

91.8% for0.0% against8.2% other0.0% against management122 filers100.0% for0.0% against0.0% against management50,083,389 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

Management items in this category are shown together; filers word and number them differently.

1,126 vote records from 123 filers. 61 of the 113 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.

41.5% for50.4% against8.1% other54.0% against management123 filers57.2% for42.8% against42.3% against management244,329,665 reported shares, counted once per item in this group
5

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

423 vote records from 125 filers. 0 of the 115 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.

20.0% for1.6% against78.4% other0.0% against management125 filers56.6% for43.4% against41.9% against management90,819,481 reported shares, counted once per item in this group
6

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

Management items in this category are shown together; filers word and number them differently.

1,131 vote records from 123 filers. 1 of the 113 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.

91.1% for0.8% against8.1% other0.9% against management123 filers98.6% for1.4% against1.4% against management238,872,960 reported shares, counted once per item in this group
7

OTHERIssuer

OTHER: management items

Management items in this category are shown together; filers word and number them differently.

221 vote records from 16 filers. 0 of the 14 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

87.5% for0.0% against12.5% other0.0% against management16 filers88.7% for11.3% against1.5% against management10,991,889 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay3. Auditor
VanguardAgainst *No reportFor
BlackRock and iSharesSplit or no voteAgainst *For
FidelityAgainst *No reportFor
DimensionalAgainst *No reportFor
State Street and SPDRAgainst *No reportFor
American CenturyAgainst *No reportFor
Franklin TempletonAgainst *No reportFor
InvescoAgainst *No reportFor
EquitableAgainst *No reportFor
Charles SchwabForNo reportFor
Nuveen and TIAAAgainst *No reportFor
John Hancock and ManulifeAgainst *Against *For
Morgan Stanley, Eaton Vance and CalvertAgainst *No reportFor
J.P. MorganAgainst *Split or no vote *For
Goldman SachsAgainst *No reportFor
WisdomTreeAgainst *No reportFor
PGIM and PrudentialForNo reportFor
Jackson National fundsAgainst *Against *For
Northern Trust and FlexSharesAgainst *Against *For
SEIForNo reportFor
T. Rowe PriceAgainst *No reportFor
ThriventAgainst *No reportFor
Lincoln FinancialAgainstAgainst *For
VoyaAgainst *No reportFor
First TrustAgainst *No reportFor
Russell InvestmentsForNo reportFor
NationwideAgainst *No reportFor
Victory CapitalAgainst *No reportFor
Brighthouse FundsAgainstNo reportFor
Columbia ThreadneedleSplit or no voteNo reportSplit or no vote
BNY MellonAgainst *No reportFor
PrincipalAgainst *No reportFor
Global XForNo reportFor
MFSAgainst *No reportFor
TransamericaAgainst *No reportFor
AllianceBernsteinAgainst *No reportFor
DWSAgainst *No reportFor
PIMCOAgainst *No reportFor
AllspringAgainst *No reportFor
MassMutualAgainst *No reportFor
Cohen & SteersAgainst *No reportFor

* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.

Questions

How did large funds vote at the Tenaris SA meeting?

143 Form N-PX filers reported votes at the meeting of 6 May 2025. On say-on-pay, 29 of 33 voted against management (87.9%). The family table lists each of the largest families item by item.

Is this the meeting result?

No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Tenaris SA on Form 8-K.

Why are director elections shown as counts only?

Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.

Every meeting on file for Tenaris SA

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Tenaris SA with a meeting date within three days of 6 May 2025. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.